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AXA Framlington Monthly Income R Inc

Ranked 3 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

George Luckraft

George Luckraft had an intense spell in the limelight in 2002 following his shock defection to Framlington (now AXA Framlington) with fellow star manager Nigel Thomas after 20 years of impressive performance at ABN Amro (which in a previous incarnation was John Carrington & Co). Through the transfer, Luckraft gained control of the AXA Framlington Equity Income fund, the AXA Framlington Monthly Income fund and the AXA Framlington Managed Income fund. Luckraft has run flexible, multi-cap, “absolute return” funds for many years and aims to deliver a decent level of yield too. Luckraft describes his style as a combination of special situations and equity income investing. The Equity Income fund’s holdings generally fall into three categories: high yielding stocks, lower-yielding stocks offering the prospect of income growth and straightforward capital growth plays. Born in Hong Kong in 1959, he graduated in Land Economy from Cambridge and joined John Carrington in 1980. He has his own pension invested in his funds and is a very keen angler.

Objective

To combine a regular income with the potential for long-term capital growth. The fund will invest mainly in equities and fixed interest securities. The fund provides monthly income payable directly into a UK bank or building society account.

Performance

UK Equity Income over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 6.3% 4.7% 1.6% 0.7% -0.7%
2013 31.1% 8.6% 0.6% 11.0% 8.1%
2012 11.5% 8.3% -3.3% 3.2% 3.2%
2011 -6.9% -1.8% 2.4% -10.5% 3.4%
2010 16.9% 3.6% -3.2% 8.7% 7.3%
2009 31.5% -9.5% 17.8% 22.9% 0.4%
2008 -44.5% -7.2% -7.8% -16.5% -22.3%
2007 -12.8% 2.0% -0.8% -7.4% -7.0%
2006 19.1% 11.0% -3.1% 3.6% 6.9%
2005 24.5% 6.5% 5.6% 7.5% 3.0%
2004 22.7% 7.2% 3.5% 2.4% 8.0%
2003 24.7% -3.4% 16.0% 5.7% 5.2%
2002 -19.3% 2.7% -8.9% -17.1% 4.1%
2001 -16.2% -9.5% 2.4% -17.5% 9.6%
2000 -4.4% -4.9% 0.7% 2.5% -2.6%
1999 20.1% 10.2% 2.7% -4.5% 11.1%
1998 9.5% 14.6% -1.8% -14.0% 13.1%
1997 23.2% 3.9% 3.8% 13.3% 0.9%
1996 20.0% 6.2% 2.1% 5.4% 4.9%
1995 6.0% 3.1% 2.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2014

Top 10 Holdings

Stock Size
GBP Cash 5.56
Royal Dutch Shell Plc B ORD 5.48
HSBC Holdings PLC ORD 4.66
BP PLC ORD 3.65
British American Tobacco PLC ORD 3.52
GlaxoSmithKline PLC ORD 3.21
Premier Farnell PLC PFD 2.57
Vodafone Group PLC ORD 2.24
Hilton Food Group PLC ORD 2.07
KBC Advanced Technologies PLC ORD 1.90
31/07/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date26/10/1984
  • Share Class size137Mn
  • Base currencyGBP
  • ISIN GB0003500286

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment0

Charges

  • Annual management1.5%
  • Initial investment5.25

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).